MK Avigdor Lieberman,the leader of the Israel Beitenu party, has announced a plan that would resolve the crisis over the inability to form a new Israeli government.

However, a senior political source cited by Ynet says that even with Lieberman’s proposal, “we are still closer to a third election.”

Prime Minister Benjamin Netanyahu failed to form a parliamentary government coalition after an April 9 election. Israelis were forced back to the polls on September 17. The results again showed a divided country, making it difficult for either leading parliamentary faction to garner a majority in the 120-member Knesset.

Lieberman’s proposal calls upon the Likud to drop its demand that it negotiate with Blue and White as a large bloc that also includes its allies.

Lieberman also asks Blue and White to accept a formula proposed by President Reuven Rivlin which would allow Netanyahu to continue to hold the title of prime minister even if he is indicted in one or more of three criminal investigations in which he is suspected, but to classify him as “incapacitated” and allow Gantz to serve as an acting premier.

Lieberman’s party is calling his proposal “the only plan which could prevent an election.”